The Bitcoin trading news website TheBlogChain performed an extensive independent review of the industry’s top exchanges. Kraken scored an “A” rating, and received the highest rankings in the industry for legitimacy, customer service, and particularly for security. In summary, the review stated, “Kraken is…
Kraken announced today that it raised 5 million dollars in its series A investment round. The round is led by Hummingbird Ventures. Other investors include Trace Mayer and Barry Silbert. Kraken CEO Jesse Powell said that the investment capital will be used to strengthen Kraken’s…
Only five months after launch, Kraken moves into the #1 volume spot for trading between bitcoins and euros. The bitcoin-euro market had cooled slightly after the buying frenzy in late 2013, but as the volume shows, traders’ interest in Kraken continues to grow!
Oct 9th, 2013 – Kraken announced today an exclusive partnership with Fidor Bank. Fidor is Germany’s first Web 2.0 online bank and is regulated by the German Financial Supervisory Agency BaFin. The partnership is the first of it’s kind and represents a new level of security for…
Kraken is pleased to announce their launch with trading between euros, bitcoins, and litecoins. Kraken CEO Jesse Powell said that Kraken is able to service most jurisdictions at launch, but in order to accommodate regulatory requirements, some jurisdictions would have limited services or no services.…
After nearly two years of intensive development by a highly skilled engineering team, the Kraken website enters open beta testing today. Users are able to create accounts, get funded with play money, and try out the new system. The open beta creates a lot of…
In June 2011, Jesse Powell hops a last-minute flight to Tokyo to help what was then the largest Bitcoin exchange in the world, MtGox, recover from a hacking attack. Jesse is an industry veteran who recognized the importance of Bitcoin early on, having been a…
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